Type of Corporate Actions

This section aims at identifying the material required to prepare the most frequent corporate actions types ranging from cash/optional dividends to rights issues and complex company’s operations.

1. Standard capital increase / decrease of Equity securities

Please refer to the full impacted operations directly in the capital / decrease form.

Issuers / Issuer Agents / Issuer representatives have to fill in, complete and send :

  • The capital increase / decrease form in Excel format, with a signed copy in PDF. Please use the user guide for assistance.
  • The relevant copy of “legal document” (Board Minutes, AGM / EGM minute, Prospectus,…) from the relevant company body or bodies containing resolutions approving or authorizing the increase / decrease of the number of Equity securities.

The completed capital increase / decrease form, together with all required documentation have to be submitted before the following cut-off time and date to the relevant Euronext Corporate Actions Department (see contact details below):

  • case of public offer: at least 2 business days before the targeted effective date and as soon as the new Securities are issued
  • In other cases: no later than 90 days after their issue (e.g.: exercise of options)

The effective date will generally take place 2 business days later.

2. Cash dividend, Stock dividend and Optional dividend

The Issuer or the Issuer Agent shall provide at least two trading days before the ex-date of the dividend to the EMS Corporate Actions team of Euronext (contact below), the common corporate actions form in 2 copies 1 signed PDF and 1 Excel (not applicable for the Portuguese market) available on the following link and selecting « Mandatory  Cash distribution » as Corporate Action type: ESES common corporate actions form.

For the Portuguese market, the Issuer or Issuer Agent shall contact at the latest two trading days before the effective date of the corporate event to the EMS Corporate Actions team of Euronext Lisbon.

3. For other Corporate Actions

The Issuer or the Issuer Agent shall contact at the latest two trading days before the effective date of the corporate event to the EMS Corporate Actions team of Euronext and shall provide the required documentation at the same time.